Increasing non-oil revenue potentiality through digital commerce: the case study in KSA

Abstract

PurposeThis study mainly focuses on the potentiality of the e-commerce industry's opportunities and limitations in the Kingdom of Saudi Arabia (KSA) specifically toward non-oil revenue sectors.Design/methodology/approachE-commerce contribution to the retail market industry becomes more global and more flexible with the rapid growth of the Internet and information technology revolution. A new way of conducting business is rendered by e-commerce, which helps to make a profit electronically.FindingsThe main contributions of e-commerce are management of company operations, easy and cheaper ways of extending their markets and coordinating with the value chain across different borders. In addition, the Internet and e-commerce are responsible for removing language barriers, cultural diversification and extending the market to the national boundaries. The countries would have many innovative and dynamic aspects by the beginning of the global market that increases national revenue, market, employment opportunity, capital and access to technology and information.Originality/valueAt present, KSA's national revenue mostly depends on oil and its related commodities, while other trades compete with the global market and increase national income. So, it is essential to increase other Saudi products to reach a global business level through e-commerce. Moreover, the study suggests accessing new markets and participating in global production to improve e-commerce structure without affecting current employment patterns, industry structure, productivity and Saudi culture.

Collaborative technologies and project performance in manufacturing in the industry 4.0 environment: Mediating effect of individual, organizational, sociotechnical factors

“…To test the hypothesized relationships, this study relies on survey data collected from the plastics manufacturing sector in KSA. This particular sector provides a suitable context for addressing the research objectives of this study because organizations in this sector have adopted CT into their operations and processes, keeping in line with Saudi Arabia's National Vision 2030, where the digital transformation of industries is a key component (Al‐Maliki, 2021; Haines, 2021; Hudhaif, 2021). Moreover, the government of KSA is encouraging and assisting other organizations in the same sector that are yet to adopt CT in their processes to make the journey toward a more digitalized I4.0 environment (AlArjani et al, 2021; Atif, 2023).…”

The Impact of COVID-19 on e-Commerce Through a Systematic Review

“…Business owners needed to rethink their approaches to trade in light of the Fourth Industrial Revolution and the global pandemic and consider e-commerce as a means of business continuity (Mele et al, 2021). E-commerce has been a commodity when businesses are planning to move into a new market (Al-Khalidi Al-Maliki, 2021). It is very cheap and easier which has led to improvement of value chains and operations (Al-Khalidi Al-Maliki, 2021).…”

“…E-commerce has been a commodity when businesses are planning to move into a new market (Al-Khalidi Al-Maliki, 2021). It is very cheap and easier which has led to improvement of value chains and operations (Al-Khalidi Al-Maliki, 2021). It has created a new era where business strategies are shifted from traditional trade to more focused advance technology trade (Alzahrani, 2018).…”

“…Some people refer to e-commerce as simple conducting business online, but a more fitting description would be a platform that allow business to sell products through the internet and communication technology (Alzahrani, 2018). With the development of COVID-19, e-commerce became the top choice for people making purchasing selections to avoid getting the virus or adhere to national restrictions and lockdowns (Al-Khalidi Al-Maliki, 2021). This report presents the results from a systematic review of the impact of COVID-19 on e-commerce, conducted in accordance with the Preferred Reporting Items for Systematic Reviews and Meta-Analysis reporting guidelines (PRISMA).…”

Traditional Retailer’s Intention to opt E-commerce for Digital Retail Business in Saudi Arabia

“…Saudi Arabia is no exception to this trend, with its rapidly growing e-commerce market and digitally savvy consumer base. E-commerce in Saudi Arabia has emerged as a robust and rapidly expanding sector within the Middle East and North Africa (MENA) region (Al-Khalidi Al-Maliki, 2021;Sindakis and Aggarwal, 2022). Fueled by factors like increasing internet penetration, a tech-savvy population, and strong government support for digital transformation through initiatives like Vision 2030 and the National Ecommerce Strategy, the market's growth is undeniable.…”